+ 24 photosFor Sale · Detached
1 Merlin (Island M91) Island, Muskoka Lakes, ON P1P 1R2
Muskoka Lakes · Wood (Muskoka Lakes)
66 days on market
▾ PRICE CHANGE
4
Beds
3
Baths
0
Parking
1100-1500
Sq ft
31-50 yrs
Built
The honest picture
List price
$1,799,000
★ Renavu Estimate
$1,725,000
Lower confidence
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales — not an appraisal. The area price benchmark for this neighbourhood is still being prepared.
About this home
- Private island lot in Muskoka with 1.2 acres of flat, usable land
- Existing 4-bedroom, 3-bathroom cottage and separate bunkie on the property
- Deep water on one side suitable for diving and docking; shallow sandy entry on the other side
- Septic and services already installed
- Sunrise to sunset sun exposure with views in multiple directions
- Same ownership for over 40 years
Key points summarised from the listing description.
Property details
Listed on
July 11, 2026
Days on market
66 days
Property tax
$10,937 (2026)
Lot
11.46 Feet
Style
1 1/2 Storey
Heating
Baseboard
MLS®
X13552974
Full details
Parking
GarageNone
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| August 21, 2026 | — | $1,799,000 ▼ | Price cut | X13552974 |
| July 11, 2026 | — | $1,999,000 | Listed | X13552974 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$32,455
Legal · title · inspection$2,800
Closing costs$35,255
Down payment$359,800
Total cash to close$395,055
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
